What we do Shree Ajit Pulp and Paper Limited manufactures multilayer testliner and kraft paper used primarily for packaging materials like corrugated boxes in Gujarat, India. |
Founded in 1,995 |
Market share Recognized leader in testliner paper production with a significant production capacity of 108,000 tonnes per annum. |
Problem solved Provides high-quality eco-friendly paper solutions for sustainable packaging needs in the growing e-commerce and retail sectors. |
Top clients or who we serve Serves packaging manufacturers and industries requiring corrugated cartons; primarily B2B clientele. |
Key management Gautam Shah (Managing Director, BE Civil, 36 years experience); Bela Shah (Whole-time Director & CFO, BSc, 23 years experience). |
Our journey and innovations Company grew capacity from 16,500 to 108,000 tonnes; progressed via modernization phases and renewable energy investments since 1995. |
Where we operate Operations and manufacturing based in Gujarat, India; previously had a subsidiary in the USA which was divested. |
Top products or what we offer Multilayer testliner, testliner paper, kraft paper used for corrugated packaging; windmill power generation as ancillary segment. |
Top brands No specific brand names provided; flagship products are multilayer testliner and kraft paper. |
Raw materials needed Paper pulp and raw materials for paper manufacturing. |
Raw materials supplier Not specified in available data. |
Recurring vs cyclical contribution Revenue mainly recurring from steady demand in packaging paper; windmill segment contributes smaller, stable revenue. |
Our industry position Strong competitive position in specialized paper segment with continuous capacity expansion and innovation. |
Financial highlights FY 2024-25 revenue Rs 505.51 crore; net profit Rs 9.42 crore; doubled revenue since prior year; EBITDA growth shown. |
Geographical revenue split - |
Order book - |
Whats driving growth Rising demand for sustainable packaging, capacity expansion, and renewable energy investments fuel growth. |
Our future plans Focus on capacity enhancement, modernization of facilities, and further green energy initiatives. |
Our green promise Operates wind power plants and cogeneration units contributing to renewable energy use and sustainability. |
Our people and values 274 employees; emphasis on compliance, safety, and ethical governance aligned with corporate social responsibility. |
Key challenges ahead Managing raw material price volatility, regulatory compliance, and competition in the paper industry. |
Interesting facts Company runs wind power plants totaling 2.75 MW capacity supporting sustainable operations. |
Risks and strategy Risks include commodity price fluctuations and regulatory policies; strategy involves risk management and operational efficiency improvement. |
